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Advanced Driver Assistance Systems Market
Research Report


Growth opportunities in the Advanced Driver Assistance
Systems Market look promising over the next six years. This is mainly due to
the continuous technological advancements and growing need for harmless driving
to reduce the incidences of injuries.

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Market

Advanced Driver Assistance Systems Market
Dynamics (including market size, share, trends, forecast, growth, forecast, and
industry analysis)

Key
Drivers

The accelerating penetration of electric automobiles led by
the augmenting initiatives and measures by the government to promote these
vehicles to encounter the rising apprehension concerned with global warming,
air pollution, and depletion of fossil fuels is one of the most prominent
drivers proliferating the growth of the global advanced
driver assistance systems (ADAS) market.
Also, the ongoing technological
expansion for the enlargement of sophisticated driver assistance systems and
the surging requirement for an effective and secure driving experience to curb
the chances of accidents, which will further bring enormous growth
opportunities for the market. In addition, the rigorous governmental norms
concerned with vehicle safety, accompanied by the development of autonomous
vehicles, have persuaded the end-users to choose these systems. Moreover, the
growing per-capita income and the altering lifestyle of individuals are raising
the demand for machines, and a steep increase in the supply of luxury cars will
positively influence the market growth. The system imparts several notable
features such as help in lane-keeping, lane-changing, parking assistance
systems, recognition of traffic signs which helps to offer a safe driving
experience. However, the high cost of these systems and inadequate required
infrastructure will hinder market growth.

System Segment
Drivers

Based on the system, Automatic Emergency Braking (AEB) is
projected to witness a higher CAGR during the forecast period. This is
primarily due to the obligatory norms of employing the AEB system in vehicles
like buses and trucks.

Regional
Drivers

Based on the regional coverage, Asia-Pacific is expected to
expand at a higher CAGR during the forecast period. This is mainly due to the
aggravating endorsement led by the strict safety rules and regulations for
installing vehicle safety systems. In addition to this, the rising recognition
related to safety coupled with the amplification in the disposable income is
fuelling the purchasing power of the consumers, thereby driving the advanced
driver assistance systems (ADAS)  market
share.

Advanced
Driver Assistance Systems Market’s leading Manufacturers
:

·       
NVIDIA Corporation

·       
Valeo

·       
Intel Corporation

·       
Continental AG

·       
Robert Bosch GmbH

·       
Magna International Inc.

·       
Hyundai Mobis

·       
Denso Corporation

·       
Aptiv

·       
ZF Friedrichshafen AG

Advanced Driver Assistance Systems Market Segmentation:

Segmentation by System

·       
Adaptive Front Light (AFL)

·       
Adaptive Cruise Control (ACC)

·       
Blind Spot Detection (BSD)

·       
Automatic Emergency Braking (AEB)

·       
Driver Monitoring System (DMS)

·       
Cross Traffic Alert (CTA)

·       
Intelligent Park Assist (IPA)

·       
Forward Collision Warning (FCW)

·       
Night Vision System (NVS)

·       
Lane Departure Warning (LDW)

·       
Road Sign Recognition (RSR)

·       
Pedestrian Detection System (PDS)

·       
Traffic Jam Assist (TJA)

·       
Tire Pressure Monitoring System (TPMS)

Segmentation by Component

·       
Lidar Sensor

·       
Camera Unit

·       
Ultrasonic Sensor

·       
Radar Sensor

Segmentation by Offering

·       
Hardware

·       
Software

Segmentation by Vehicle Type

·       
Light Commercial Vehicles (LCVS)

·       
Buses

·       
Trucks

·       
Passenger Cars (PCS)

Segmentation by Electric Vehicle Type

·       
Battery Electric Vehicle (BEV)

·       
Fuel Cell Electric Vehicle (FCEV)

·       
Hybrid Electric Vehicle (HEV)

·       
Plug-In Hybrid Electric Vehicle (PHEV)

Segmentation by Region:

·       
North America

o  
United States of America

o  
Canada

·       
Asia Pacific

o  
China

o  
Japan

o  
India

o  
Rest of APAC

·       
Europe

o  
United Kingdom

o  
Germany

o  
France

o  
Spain

o  
Rest of Europe

·       
RoW

o  
Brazil

o  
South Africa

o  
Saudi Arabia

o  
UAE

o  
Rest of the world (remaining countries of the
LAMEA region)

About GMI Research

GMI Research is a market research and consulting company
that offers business insights and market research reports for large and small
& medium enterprises. Our detailed reports help the clients to make
strategic business policies and achieve sustainable growth in the particular
market domain. The company's large team of seasoned analysts and industry
experts with experience from different regions such as Asia-Pacific, Europe,
North America, among others, provides a one-stop solution for the client. Our
market research report has in-depth analysis, which includes refined forecasts,
a bird's eye view of the competitive landscape, key factors influencing the
market growth, and various other market insights to aid companies in making
strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list
of Silicon India Magazine in 2018, we at GMI Research are always looking
forward to helping our clients to stay ahead of the curve.



























































































































































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